MOSCOW TIME: 18.07.2018 13:21:40


Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018

Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018

Russia will boost domestic consumption of aluminum by 300,000 tonnes this year.

"We have about one million [tonnes of aluminum consumed in Russia in 2017 - TASS]. 300,000 tonnes will be added this year," Minister of Industry and Trade Denis Manturov said.

The domestic consumption volume can grow to 2.5 mln tonnes in five years, the minister added.

"We proceeded from and prepared the range of products we are manufacturing. Therefore, colleagues - consumers will always have an option: either to buy expensive but imported machines or to buy cheaper Russian ones," the minister said.

Following introduction of steel (25%) and aluminum (10%) duties by the United States in March 2018, Russia introduced additional import duties on US road construction machinery, oil and gas equipment and optic fiber with the rate from 25 to 40%


Russia aluminum

Share this:

Share this Share this Share this


18.07.2018 Qatar Airways to formalize Vnukovo airport stake purchase after due diligence

Qatar Airways will initiate the process of formalizing the acquisition of a 25% stake in Moscows Vnukovo Airport once it wraps up due diligence.

18.07.2018 Boeing plans to spend $27 bln on purchases in Russia in next 30 years

Boeing plans to spend a total of $27 bln in the next 30 years on direct purchases in Russia.

17.07.2018 Tyumen University to open ecology monitoring laboratory

Students and young scientists at the Tyumen State University will do ecology research at a special laboratory, which the University will organize. This laboratory will be used also...


06.06.2019 00:38:00 St. Petersburg International Economic Forum 2019

June 6-8, 2019 Russia (St.Petersburg)

21.11.2018 00:25:00 UZPRODTECHEXPO-2018

November 21-23, 2018 Tashkent (Uzbekistan)

31.10.2018 00:05:00 UZENERGYEXPO-2018

October 31 November 2, 2018 Tashkent (Uzbekistan)


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education

03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners